Cardiff Property (LON:CDFF) Hits New 52-Week High Following Dividend Announcement

Cardiff Property Plc (LON:CDFF) hit a new 52-week high on Thursday following a dividend announcement from the company. The company traded as high as GBX 2,450 ($31.06) and last traded at GBX 2,402 ($30.45), with a volume of 315 shares traded. The stock had previously closed at GBX 2,300 ($29.16).

The newly announced dividend which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of GBX 17 ($0.22) per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 0.74%. This is an increase from Cardiff Property’s previous dividend of $6.50. Cardiff Property’s dividend payout ratio (DPR) is currently 2,017.54%.

Cardiff Property Stock Performance

The firm has a market cap of £24.98 million, a price-to-earnings ratio of 2,017.54 and a beta of -0.11. The company has a quick ratio of 6.39, a current ratio of 15.74 and a debt-to-equity ratio of 0.54. The stock has a 50 day moving average of GBX 2,296.86 and a 200 day moving average of GBX 2,293.82.

About Cardiff Property

The Group, including Campmoss, specialises in property investment and development in the Thames Valley. The total portfolio including the jointly controlled Campmoss investment and development portfolio, valued in excess of £22m, is primarily located to the west of London, close to Heathrow Airport and in Surrey and Berkshire.